This chapter presents the following content: Inequality across countries; poverty, Inequality, and GNP per capita; the growth controversy: seven critical questions; the growth controversy: seven critical questions; measuring inequality and poverty; the greater the curvature of the lorenz line, the greater the relative degree of inequality;...
Poverty, Inequality, and Development Lecture 29 Poverty across countries Country (in order of increasing GNP per capita) % of Population below $1 a day Bangladesh 29.1 Kenya 26.5 Sri Lanka 6.6 Indonesia 7.7 Philippines 14.6 Jamaica 3.2 Paraguay 19.5 Costa Rica 6.9 Malaysia